Who owns the major US subsidiaries of foreign banks?: A note
AbstractIn 2000 ten foreign banks owned the 12 largest US subsidiaries of foreign banks, which account for over 92% of the assets of all subsidiaries. The parent banks were large and tended to be from English-speaking countries. The novel result is that the parent was often the largest bank in its home country, which suggests that domestic limits to growth are a factor in the foreign direct investment decision.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of International Financial Markets, Institutions and Money.
Volume (Year): 14 (2004)
Issue (Month): 3 (July)
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Web page: http://www.elsevier.com/locate/intfin
Other versions of this item:
- Adrian E. Tschoegl, 2003. "Who Owns the Major US Subsidiaries of Foreign Banks? A Note," Center for Financial Institutions Working Papers 03-11, Wharton School Center for Financial Institutions, University of Pennsylvania.
- G2 - Financial Economics - - Financial Institutions and Services
- F2 - International Economics - - International Factor Movements and International Business
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